A group from the theliquiditynetwork.org team is currently making concrete proposals for the implementation of such a system with the Kilkenny local council in Ireland. The presentation already offer concise insights on the procedures. The ideas evolve around simple yet powerful and secure electronic means of payments, building on a lean system to get quickly started and which would be expanded over time.
These are the main criteria for the system:
- Low barriers to entry for B2B, B2C and C2C
- Cater for range of technical comfort levels
- At least as secure as chip and pin credit card
- Quick to develop trial
- Extensible and open
- Use standard, easily available components
- Plenty of marketing oportunity
- Innovative and news-worthy
- Low risk system
- Focus on user experience and trust
The system components have been so far identified as the following:
- A lightweight, scalable server to run the LQN accounts
- A simple web based client that can run on anything from a
mobile phone, through an iPod touch to a laptop. - Scalable security / ease of use trade-off depending on
levels of trust - Extensions for vouchers and cheques as ‘delayed electronic
transactions’ - A system that is as anonymous and secure as a credit card
- As easy as using a phone
Usage of the system is proposed on the following assumptions:
- We sign up users by giving them a card containing their
account number and verification number (optionally
increase security using photo) - We forward a PIN to them in a secure manner (not email)
- We could ask some users (high volume such as retailers) to
upload photographic evidence (buildings or faces) - Users and customers use simple web interfaces where they
must input some of account numbers, PINs and
amounts. All these are digits to enable simple mobile
phones. - Retailers choose their input device – we will recommend
touch-screen smart-phones / PDAs but they can use what
they like. For QR codes we would recommend 3 types of
smartphone.
We also plan to introduce self-printed vouchers as physical currency:
- Use once
- Change credited automatically to printer’s account
- Scanning takes trader to
https://lqn.ie/katz/voucher?id=4829NSLF92 - Could be printed for users at Kilkenny Katz help-desk
This summarizes the proposals presented to Kilkenny people, both from the public and the council. Discussions are going on to decide on further steps.
Feel free to contact us for more information.
0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.
You must be logged in to post a comment.